Editorial: N.C. Chamber and BEST NC - Speak up and oppose tax rate amendment
Friday, June 22, 2018 -- It is curious that two of the state's business leadership groups - the N.C. Chamber of Commerce and BEST NC - have been silent when it comes to a proposed state Constitutional amendment that would cap the income tax rate at 5.5 percent. The real issue is about making sure that those who run the state have the revenue streams necessary to meet the needs of the state and its people. The board members are well aware of the damage done in the state of Colorado when a similar amendment was passed.
Posted — UpdatedLet’s be clear off the bat. We are not talking about raising or lowering anyone’s income taxes.
What this IS about – is making sure that those who run the state – the governor and the legislature – have ALL the revenue streams necessary to responsibly meet the needs of the state and its people.
The board members of the N.C. Chamber of Commerce and Best NC (see lists below) know this. They are also very well aware of the damage done in the state of Colorado when a similar amendment was passed. Still, they remain silent.
But really, this is no surprise.
These business leaders sold their silence in return for a remarkably large corporate income tax-cut package. In return, they have been cowed and mute as these legislative leaders have imposed their narrow ideology and attacked the critical institutions of state government regardless of the consequences.
Prior to Lew Ebert’s arrival to head the Chamber, it had been North Carolina’s business community that could be relied upon to be a moderating force that kept the legislature from moving too far to the left or right. It was a forceful and effective advocate for a quality education system and the resources to fund it.
Now, rather than standing up for students and public education, these business leaders are compliant in the legislators’ constitutional amendment.
Make no mistake this amendment will harm the state’s financial health – including public education – in the future.
These business leaders don’t want to challenge the leadership, they say, because they want a place “at the table.” They fear angering Senate leader Phil Berger and House Speaker Tim Moore and getting “shut out of the process.”
The Chamber and BEST NC need to disengage their “mute button.”
It is time to get some backbone and take a stand. Our state needs your leadership.
Tell the General Assembly the proposed State Constitutional amendment is unnecessary, wrong, bad business and will hurt North Carolina’s future.
Tell legislators if they persist in passing it, your organizations will vigorously campaign against it in the fall election.
IMMEDIATE PAST CHAIR: D. Russell Harris, PSNC Energy, president
Paul Wiles, Novant Health Systems, CEO (retired)
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